Get Out of Debt - How to Get Out of Debt
When you find yourself having to depend on cash advances day after day, week after week. At 1800899CASH.com, we want to be here for you whenever you need us, but we don't want you to think of us as a long term solution. Do you think of a cash advance as part of your monthly income? Or as a short-term emergency loans ? If 1800899CASH.com has become like an extra paycheck, maybe it's time you also considered these other choices.
Try to have some savings.
Try even a few of these tips and you'll be amazed at what you can save.
| 1800899CASH.com's tips for finding money to save |
Monthly Savings |
| 1. |
Bring lunch to work
(saving estimated $5/day) |
$100 |
| 2. |
Clip and use coupons |
$50 |
| 3. |
Substitute regular coffee for those designer coffee drinks |
$40 |
| 4. |
Eat out 2 fewer times a month |
$30 |
| 5. |
Pay credit card bill on time to avoid late fee |
$25 |
| 6. |
Bounce one less check a month |
$20 |
| 7. |
Save $.50 a day in loose change |
$15 |
| 8. |
Cut soda/pop consumption by 1 liter a week |
$6 |
| 9. |
Comparison shop for gas
(save est. $.25 per gallon) |
$4 |
Live within your means.
For example consider buying a pre-owned car instead of buying a new car. New cars can lose as much as $3,000 in value as soon as you drive it off the showroom floor. Keep other unecessary expenses to a minimun.
Try to negotiate directly with your creditors.
Sometimes all it takes is asking to get a lower rate from a creditor. People with big bank accounts ask all the time so don't be shy about it. You can also negotiate for more time, or a payoff schedule. Just don't be afraid to ask!
Consider getting overdraft protection from your bank.
If the problem is that you occasionally overdraw your bank account, see if your bank will offer you overdraft protection. But be sure to ask how overdraft protection works and be aware that some banks charge a significant fee for this protection.
Check with your state or county for assistance.
One state, for example offers a contingency program which offers grant money to working poor families to help them maintain self-sufficiency. Each county has its own eligibility requirements. Contact the Department of Human Services in your state for help.
Apply for a loan at your financial institution.
Try to see if you can get your bank or credit union to offer you a lower interest loan to pay off debt -- then plan to start fresh!
Check into a community credit union.
If you are not already a member of a credit union, check one out. Often credit unions have small loan programs for their members.
Use part of your tax refund to pay off debts.
This is a great way to pay down, or off, high cost loans. Be sure to try it the next time you receive a refund. Finally, remember, whenever you decide to use a cash advance, borrow only as much as you can afford to pay with your next paycheck, but still keep enough for yourself so you can make it to next paycheck.
At 1800899CASH.com, we're doing everything we can to make our loans the right choice...at the right time.